China's surveillance tech. WeWork goes location-scouting. Microsoft talks AI.
Company bucket list
A couple of weeks ago, we used our patent search engine to identify several Walmart patents focused on farming.
It included one for pollination drones or robot bees. These drones or “applicators” would carry pollen from one plant to another, and use sensors to verify the transfer was successful.
This past weekend, the patent was featured on Saturday Night Live’s Weekend Update. Just remember, you saw it here first.
I always feel like somebody’s watching me
China has been upfront about its plans to become an AI-first state — and about using AI tech to monitor its citizens.
In 2017, 530+ video surveillance patents and 900+ facial recognition patents were published in China. We dig into these patents, private market activity, government documents, and more in part 1 of our China in AI series.
Trump — dude just keeps winning
With the recent launch of our Earnings Transcript Search Engine on CB Insights, we took a look at whether President Obama was referenced more by public company execs than his successor, The Donald.
As the graph from CBI shows, it ain’t even close.
President Obama never was talked about as much as Trump.
BTW, technical traders call the below pattern a classic hood formation.
This week, WeWork signed an agreement with Swire Properties to lease 4 floors in a commercial tower in Hong Kong, just a few train stops away from the city’s Central business district.
WeWork’s location-scouting method is one of its key differentiators. Using a location data provider, it rates locations by proximity to amenities, other businesses, and other WeWorks.
Microsoft’s mentions of “artificial intelligence” have skyrocketed as the company pushes to distinguish itself from competitors and works to “democratize AI for everyone.”
Google concentrates more on “machine learning,” which is crucial for its search products like Google Assistant. We discuss this and more in our FAMGA earnings call analysis.
Buzz versus bulk
On the heels of its crypto trading announcement, buzzy 3-year-old Robinhood is reportedly pretty close to securing additional funding that values the company at $5.6B. Wow, right? They’ll need it.
The company plays in the same market as 72-year-old Fidelity, which has $6.2T (yes, trillion) in customer assets. Fidelity has also applied decades of customer learning to simplify its trading platform and make it available everywhere — from Alexa to the Apple Watch.
We’ll have pointed questions for leaders of both companies at the Future of Fintech, June 19-21.